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2025-03-31-accounts

Registered Charity Number 1171688

Mt Moriah Apostolic Church CIO

Trustee Report and Financial Statements For the year ending 31 March 2025

Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Contents Page
References and administrative Details 1
Trustees’ Report 2-6
Independent Examiner’s Report 7-8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Accounts 11-15

Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

References and administrative information

Trustee Pastor Noel Gibson(Chair) Missionary Esmena Taylor(Treasurer) Evangelist Sonia Gibson(Secretary) Mrs Joyce Reid Principal address 5 Dalston Close Netherton Dudley DY2 8HR Independent Examiners Modest & Co Financial Services Ltd 189 Greenhill Avenue Sheffield S8 7TJ Banker NatWest Merry Hill Centre Brierly Hill West Midlands DY1 1LW

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Trustees Report

Introduction

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the and Republic of Ireland (FRS 102) (effective 1 January 2019).

Mt Moriah Apostolic Church was incorporated as a charitable Incorporated organisation on 20 February 2017.

This decision was driven primarily by the desire to take advantage of the separate legal personality and limited legal liability for Trustees.

Mt Moriah Apostolic Church is an Independent Member of the Bethel United Church of Jesus Christ (Apostolic) UK family of Churches, which pursues similar aims and signposts local beneficiaries to our services.

Aims and purposes

Mt Moriah Apostolic Church has the responsibility of promoting the Oneness Apostolic Faith, primarily but not exclusively within Dudley and the surrounding area, evangelism, social and community.

Mt Moriah Apostolic Church services and worship are through scriptures, prayer, singing and music.

Objectives and Activities

Mt Moriah Apostolic Church is committed to ensuring that as many people as possible come to worship at the church and to become part of the community of Dudley.

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Trustees Report(Continued)

Achievements and Performances

Summary of Key Achievements (Past Year)

During the reporting period, the Trustees supported the church in achieving the following:

1. Worship and Fellowship

2. Pastoral and Community Care

3. Youth and Family Engagement

4. Financial and Property Stewardship

5. Governance and Compliance

6. Denominational and Fellowship Participation

Throughout the year, the church remained actively engaged in wider denominational activities, fostering unity and shared purpose within the Bethel UK fellowship. Key contributions included:

These activities strengthened our ties within the Bethel network and affirmed our commitment to the collective growth and spiritual health of the wider church body.

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Trustees Report(Continued)

Achievements and Performances

Challenges

The Trustees faced challenges including:

Membership Growth Challenges

Volunteer Fatigue and Role Overload

Financial Constraints

Looking Ahead

Our priorities for the coming year include:

Acknowledgements

The Trustees wish to thank the leadership team, volunteers, and congregation for their continued faithfulness, generosity, and service. We also acknowledge the guidance of the Holy Spirit and God’s continued provision in all areas of ministry.

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Trustees Report(Continued)

Statement of Trustees` responsibilities

The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Structure, Governance And Management

The Church is governed by an Approved Governing Document. Members of the Church are accepted in accordance with the Constitution which requires them to be or to have been publicly baptised on the profession of faith in Jesus Christ and following a mode of baptism as per Acts 2v38.

A trustee meeting takes place throughout the year and has responsibility for the overall policy of the church. In accordance with the Constitution, the trustees, who together with the Pastor, Church Secretary and Treasurer, are responsible for the day to day running of the church’s work, and the financial and legal aspects of the charity. All trustees are encouraged to take an appropriate part in the spiritual and practical tasks involved in the furtherance of the charitable objective.

Relevant matters may be submitted to the General Congregational Church meeting by the Trustees for guidance or may be raised by members in General Congregational Church meeting for further consideration by the Trustees.

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Trustees Report(continued)

Public Benefit

The trustees have considered the guidance produced by the Charity Commission on

the provision of public benefit and they confirm that public benefit has been provided

By:-.

Financial Review

Total receipts on ordinary unrestricted funds were £8,776-2025(2024-£9,741) and are detailed in the financial statements.

The net result for the year was a surplus of £1,443-2025(2024-£3,848) and adding bank and deposit balances brought forward at the beginning of the year, the balances carried forward at 31 March 2025 for unrestricted funds totalled £74,430(2024-£72,987).

Reserves Policy

The Trustees review the policy on reserves and set targets at least once per annum with reference to the guidance and terminology published by the Charity Commission. The policy is also reviewed, when warranted by changes in risk assessment or business plans. The review includes unrestricted and, designated funds and tangible fixed assets. Transfer to and from funds are authorised by the Trustees acting as a whole.

Risk Management

The trustees have examined the major risks which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Approved by the Trustees

Pastor Noel Gibson (Chair)

June 2025

June 2025

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Independent examiner’s report to Mt Moriah Apostolic Church CIO

I report on the accounts of the charity for the year ended 31 March 2025 which are set out on pages 9 to 15.

Respective responsibilities of the Committee and the examiner

The charitys trustees are responsible for the preparation of accounts. The charitys trustees consider that an audit is not required for this year section 144(2) of the charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner`s report

My examination was carried out in accordance with the General Directions given by the Charity Commission.

An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statement below.

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

Donovan St H Modest, HND (Business Studies - Accounting), ACG, CIMA Adv Dip MA, CeMAP Modest & Co Financial Services Ltd

189 Greenhill Avenue, Sheffield, S8 7TJ June 2025

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Statement of Financial Activities

Notes Unrestricted Total Funds Total Funds
Funds
2025 2025 2024
£ £ £
INCOME AND ENDOWMENTS
FROM
Donation and Legacies 2 8,638 8,638 9,630
Investment Income 3 138 138 111
Total 8,776 8,776 9,741
EXPENDED ON
Charitable activites 7,333 7,333 5,893
Total 7,333 7,333 5,893
NET INCOME 1,443 1,443 3,848
RECONCILLIATION OF
FUNDS
Total funds brought forward 72,987 72,987 69,139
TOTAL FUNDS CARRIED 74,430 74,430 72,987
FORWARD

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Balance Sheet as at 31 March 2025 Balance Sheet as at 31 March 2025
2025 2025 2024
Notes £ £ £
Fixed Assets
Fixtures & Fittings - -
Equipment
Current Assets
Cash at Bank 74,950 73,507
Current Liabilities
Amount falling due within one 7 520 520
year
Net current assets 74,430 72,987
Total Assets less Current Liabilities 74,430 72,987
Creditors: amount falling due
after one year
Total Net Assets 74,430 72,987
Funds of the charity
Total Unrestricted Funds 74,430 72,987
The notes on pages 11 to 15 form part of these financial statements
Accounts approved by the Trustees

Pastor Noel Gibson (Chair)

June 2025 June 2025

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Notes to the financial statements for the year ended 31 March 2025

1 Accounting Policies

b) Income and Expenditure

All income and expenditure is accounted for on an accrual basis.

c) Fund Accounting

The unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the

Charity.

There are no restricted funds held by the Charity

d) Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures, fittings & Equipment 25% straight line

2 Donation and Legacies

2025 2025 2024
Unrestricted Total Funds Total Funds
Funds
£ £ £
Donations & 8,638 8,638 7,885
Offering
Gift Aid - - 1,745
Total 8,638 8,638 9,630

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Notes to the financial statements -continued

for the year ended 31 March 2025

3. INVESTMENT INCOME

2025 2025 2024
Unrestricted Total Funds Total Funds
Funds
£ £ £
Interest Received 138 138 111
Total 138 138 111

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Notes to the financial statements -continued

for the year ended 31 March 2025

4. Expenditure on Charitable Activites

Expenditure on Charitable Activites
2025 2024
£ £
Mission & Ministry Cost 2,653 1,853
Ecclesiastical Support Cost [Contribution towards the 480 480
responsibilities of the National Church]
Honorarium 600 600
Administrative expenses 240 129
Communication 156 144
Depreciation on tangible assets: Owned by the Charity - -
Consultancy Fees - -
Insurance 275 264
Rent 1,806 1,570
Supplies & Services 61 -
Equipment/Furniture Non-Capital - 8
Training & Short Courses
Legal and professional fees 163 175
Accountancy Support
Independent Examination 520 520
Miscellaneous Expenses 379 150
Total Administrative expenses 7,333 5,893

5. Trustees Remuneration and Benefits

One trustee received £600-2025(£600-2024), not as a trustee but for services provided to the charity.

Trustees` Expenses

There was no trustee`s expenses paid for the year ended 31 March 2024, nor for the year ended 31 March 2025

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Notes to the financial statements -continued for the year ended 31 March 2025

6. Tangible Fixed Assets
Fixtures, fittings Total
& Equipment
£ £
Cost
1 April 2024 1,689 1,689
Additions
Surplus on revaluation - -
Disposal
At 31 March 2025 1,689 1,689
Depreciation
At 1 April 2024 1,689 1,689
Charge for the year
On disposals
At 31 March 2025 1,689 1,689
Net book value
At 31 March 2025 - -
At 31 March 2024 - -

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Mt Moriah Apostolic Church CIO Trustees Report and Accounts For the year ended 31 March 2025

Notes to the financial statements -continued for the year ended 31 March 2025

7. Creditors
2025 2024
£ £
Creditors: amounts falling due within one year 520 520
520 520

8. RELATED PARTY DISCLOSURE

There were no related party transactions for the year ended 31 March 2025

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